Division G of Elephant Preservation Inc. has sales of $895,000, cost of goods sold of $475,000, operating expenses of $79,500, and invested assets of $750,000. Round percentages to one decimal place and investment turnover to two decimal places.
Compute:
a. The return on investment for Division G.
b. The profit margin for Division G.
c. The investment turnover for Division G.

Question

Division G of Elephant Preservation Inc. has sales of $895,000, cost of goods sold of $475,000, operating expenses of $79,500, and invested assets of $750,000. Round percentages to one decimal place and investment turnover to two decimal places.​
Compute:
a. The return on investment for Division G.
b. The profit margin for Division G.
c. The investment turnover for Division G.

Quizplus · Accepted Answer

The Answer of Division G of Elephant Preservation Inc. has sales of $895,000, cost of goods sold of $475,000, operating expenses of $79,500, and invested assets of $750,000. Round percentages to one decimal place and investment turnover to two decimal places.​
Compute:
a. The return on investment for Division G.
b. The profit margin for Division G.
c. The investment turnover for Division G.